Hardee’s

Purchase Price$1,775,000
Annual Rental Income$133,125
Cap Rate7.50%
Lease Term16 Years
CityHarrison MSA
Tenant: Hardee’s
Sector: Fast Food / QSR
State: Arkansas

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Hardee’s – Single Tenant Net Lease Investment
Harrison, AR MSA | Freestanding QSR | Absolute NNN Lease | Passive Income Opportunity

This listing features a freestanding Hardee’s restaurant in the Harrison, Arkansas metropolitan area. The property is backed by a long-term absolute triple-net (NNN) lease with built-in rent escalations every five years and zero landlord responsibilities. This makes it a fully passive income opportunity that aligns with investor demand for net lease investment properties, NNN properties for sale, and single tenant net lease assets in high-potential secondary markets.

Optimally situated on a major local corridor with strong vehicle counts, convenient drive-thru access, and proximity to essential retail, medical, and service employers, this Hardee’s is well suited for buyers pursuing NNN deals for sale, fast food NNN lease investments, or ground lease NNN deals under $2 million.

Investment Highlights

  • National QSR tenant operating under an absolute NNN lease
  • Zero landlord obligations for taxes, insurance, or maintenance
  • Long-term lease with multiple five-year renewal options
  • Scheduled rent increases every five years
  • Dual-lane drive-thru configuration within a freestanding prototype
  • Positioned along a high-traffic retail corridor in the Harrison MSA
  • Ideal for investors seeking 1031 exchange NNN properties
  • Suitable for buyers targeting triple net properties under $2 million

This net lease opportunity matches the needs of buyers looking to buy NNN property with strong cash flow, scalability, and long-term growth.

Tenant Overview

Hardee’s, part of the CKE Restaurants portfolio, is a nationally recognized quick-service chain renowned for its breakfast menu, charbroiled burgers, and drive-thru focus. The brand has long-standing consumer loyalty and benefits from ongoing digital and delivery enhancements. The tenant operates under an absolute NNN lease, meaning they are fully responsible for all property expenses, including taxes, insurance, maintenance, roof, and structure. Scheduled rent escalations ensure inflation-protected income.

Lease Summary

  • Lease Type: Absolute triple-net (NNN)
  • Initial Term: 15–20 years
  • Renewal Options: Multiple five-year extensions
  • Escalations: Tenant pays fixed increases every five years
  • Landlord Responsibility: None

This structure provides reliable, passive income—perfect for investors seeking long term NNN lease investments or single tenant NNN retail properties.

Market Overview – Harrison, AR MSA

Located in north-central Arkansas, Harrison serves as a regional hub for healthcare, education, manufacturing, tourism, and retail. The MSA combines a stable small-town population with consistent tourism due to its proximity to the Ozark Mountains. The regional economy supports junior colleges, medical centers, light manufacturing, civic infrastructure, and seasonal hospitality sectors.

Population growth has remained steady in recent years. Infrastructure upgrades—including road improvements and telecommunications expansion—position the region for stable future investment. This makes Harrison attractive for those evaluating Southeast and Midwest NNN investment opportunities now.

Property Features

  • Freestanding building with dual-lane drive-thru and on-site parking
  • High visibility from a signalized commercial corridor
  • Prominent signage visible in both travel directions
  • Located near national retailers, banks, healthcare facilities, schools, and tourism attractions
  • Efficient site layout encourages drive-thru and in-person dine-in traffic

This drive-thru-oriented configuration supports long-term QSR performance and is suited for investors focusing on net lease real estate investments.

Demographics & Trade-Area Insights

Within a five-mile radius, this area benefits from:

  • A population base exceeding 40,000 with slow but steady growth
  • A daytime population supported by local employers, schools, and medical campuses
  • Household income levels sufficient to support quick-service dining
  • Visitor influx driven by tourism in the Ozark region

Combined demographic and tourism factors create consistent traffic volume and QSR demand, making this location attractive for single tenant net lease evaluations.

Rent Growth & Passive Ownership Model

Fixed rent increases every five years make this property an excellent long-term NNN investment with inflation protection. The absolute lease removes exposure to capital or operational costs, delivering a pure, passive cash flow stream ideal for investors seeking stable yield without the hassle of property management.

Ideal Buyer Profiles

  • 1031 exchange investors looking for ready-to-invest NNN property
  • Buyers seeking fast food NNN lease investments in growth-adjacent secondary markets
  • Private equity, family offices, and institutions expanding NNN lease investment property portfolios
  • Value-focused investors targeting triple net properties under $2 million

The property supports searcher intent for net lease opportunities, NNN properties for sale in the Southeast and Midwest, and best net lease properties for 1031 exchange strategies.

Conclusion

This Hardee’s in the Harrison, AR MSA is a compelling net lease real estate investment. It combines brand strength, absolute NNN lease structure, scheduled rent escalations, and strategic rural-market positioning. With a freestanding drive-thru design and tenant-paid expenses, it offers fully passive income and long-term cash flow security—ideal for investors seeking NNN investment property listings or NNN deals for sale.

For those exploring NNN opportunities in emerging secondary markets, especially fast food or single tenant NNN retail properties, this asset presents a strong fit.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.